Share-o-matic - Assessment Pharmaceuticals

Assessment - Pharmaceuticals - 3/13/23 - RS = 26

		⇓instrument	freshest		⇓ Δday	3/13/23	⇓ Δwk	9/12/22	prc diff	⇓ Δ26	Curr	∅-RS
	S	SOM Pharmaceuticals	786.260	Mon	-0.54	791.624	-0.68	817.139	-25.515	-3.12	USD	-4.55
		Daiichi Sankyo	4,489.000	Mon	-1.97	4,351.000	3.17	4,309.000	42.000	0.97	JPY	17.31
		Gilead Sciences	79.460	Mon	2.78	79.510	-0.06	68.010	11.500	16.91	USD	15.32
	L	IDEXX Labs	483.260	Mon	2.52	460.920	4.85	376.590	84.330	22.39	USD	14.62
		Jiangsu Hengrui Med	40.400	Mon	-1.03	41.420	-2.46	34.780	6.640	19.09	CNY	13.55
		Merck (MSD)	105.850	Mon	1.68	105.730	0.11	88.160	17.570	19.93	USD	11.80
	L	Takeda	4,291.000	Mon	-2.03	4,292.000	-0.02	3,894.000	398.000	10.22	JPY	11.06
		Regeneron	759.250	Mon	1.55	752.330	0.92	710.740	41.590	5.85	USD	10.73
		Eisai	7,228.000	Mon	-3.78	7,292.000	-0.88	5,983.000	1,309.000	21.88	JPY	9.43
	L	Aspen Pharmacare	8.600	Mon	-3.37	9.150	-6.01	8.800	0.350	3.98	EUR	7.69
		Ipsen	105.000	Mon	1.16	107.100	-1.96	101.600	5.500	5.41	EUR	7.47
	L	Zhangzhou Pientze	278.500	Mon	-2.11	305.910	-8.96	302.000	3.910	1.29	CNY	4.73
		Vertex	298.950	Mon	1.08	293.460	1.87	293.480	-0.020	-0.01	USD	3.06
		Sun Pharma	961.200	Mon	0.37	954.100	0.74	887.700	66.400	7.48	INR	2.19
		Dr. Reddy's Labs	4,439.450	Mon	0.07	4,370.400	1.58	4,261.150	109.250	2.56	INR	1.94
	L	Lundbeck B	30.805	Mon	0.02	30.145	2.19	28.030	2.115	7.55	DKK	1.47
		AbbVie	156.120	Mon	1.23	151.950	2.74	142.240	9.710	6.83	USD	1.09
		Eli Lilly	333.600	Mon	1.34	324.490	2.81	315.220	9.270	2.94	USD	0.67
		AstraZeneca	10,790.000	Mon	-0.22	10,686.000	0.97	10,622.000	64.000	0.60	GBP	0.52
	S	CSL	284.900	Mon	-0.82	283.230	0.59	296.300	-13.070	-4.41	AUD	-0.13
		Hansoh Pharma	13.640	Mon	-5.93	14.040	-2.85	13.640	0.400	2.93	HKD	-1.62
	S	Orion	43.880	Mon	-0.54	43.220	1.53	45.170	-1.950	-4.32	EUR	-2.12
	L	UCB	77.560	Mon	-1.10	78.300	-0.95	71.740	6.560	9.14	EUR	-2.63
		Sanofi	89.460	Mon	-0.38	88.030	1.62	82.430	5.600	6.79	EUR	-2.89
		Merck (EMD)	163.700	Mon	-0.40	169.850	-3.62	176.700	-6.850	-3.88	EUR	-3.66
		⇓instrument	freshest		⇓ Δday	3/13/23	⇓ Δwk	9/12/22	prc diff	⇓ Δ26	Curr	∅-RS
	S	Moderna	154.520	Mon	3.00	147.900	4.48	140.320	7.580	5.40	USD	-3.88
	S	Kyowa Kirin	2,814.000	Mon	-2.39	2,842.000	-0.99	3,300.000	-458.000	-13.88	JPY	-5.87
		Recordati	38.540	Mon	0.68	38.640	-0.26	41.130	-2.490	-6.05	EUR	-5.96
	S	Astellas Pharma	1,832.500	Mon	-0.97	1,886.000	-2.84	2,026.500	-140.500	-6.93	JPY	-5.99
	S	Boiron	40.800	Mon	0.99	41.100	-0.73	46.000	-4.900	-10.65	EUR	-6.05
	S	CSPC Pharmaceutical	7.750	Mon	-2.88	7.820	-0.90	7.780	0.040	0.51	HKD	-6.16
	L	Hanmi Science	37,850.000	Mon	-1.17	34,800.000	8.76	44,750.000	-9,950.000	-22.23	KRW	-6.85
		Chugai	3,311.000	Mon	-1.63	3,328.000	-0.51	3,664.000	-336.000	-9.17	JPY	-7.98
	S	Novartis	76.740	Mon	0.66	74.720	2.70	80.140	-5.420	-6.76	CHF	-8.88
		Abbott Labs	97.870	Mon	0.89	98.190	-0.33	109.290	-11.100	-10.16	USD	-9.38
	S	Otsuka	3,918.000	Mon	-1.83	4,009.000	-2.27	4,643.000	-634.000	-13.65	JPY	-9.65
		GSK	1,414.000	Mon	0.94	1,376.600	2.72	1,377.600	-1.000	-0.07	GBP	-9.76
	S	Bristol-Myers	67.240	Mon	1.07	66.000	1.88	72.360	-6.360	-8.79	USD	-10.54
		Alcon	61.320	Mon	0.49	59.500	3.06	66.580	-7.080	-10.63	CHF	-10.58
	S	Shionogi	5,860.000	Mon	-1.33	6,048.000	-3.11	7,050.000	-1,002.000	-14.21	JPY	-11.09
		WuXi AppTec	74.000	Mon	-0.20	78.970	-6.29	84.830	-5.860	-6.91	CNY	-11.70
	S	Bavarian Nordic	179.850	Mon	0.98	189.300	-4.99	245.900	-56.600	-23.02	DKK	-12.06
	S	Ono Pharmaceutical	2,762.500	Mon	-2.04	2,847.500	-2.99	3,385.000	-537.500	-15.88	JPY	-12.75
		WuXi Biologics	45.150	Mon	-5.94	50.200	-10.06	53.400	-3.200	-5.99	HKD	-13.24
	S	BioNTech	132.080	Mon	1.88	129.770	1.78	148.270	-18.500	-12.48	USD	-13.57
	L	Dermapharm	37.480	Mon	0.75	38.260	-2.04	44.920	-6.660	-14.83	EUR	-14.59
	S	Cipla	866.700	Mon	-0.84	874.800	-0.93	1,064.750	-189.950	-17.84	INR	-14.72
	S	Shanghai Fosun	31.430	Mon	-1.41	32.450	-3.14	35.000	-2.550	-7.29	CNY	-16.44
	S	Roche	261.450	Mon	-0.11	264.250	-1.06	322.650	-58.400	-18.10	CHF	-17.06
	L	Rovi	38.000	Mon	-3.89	39.300	-3.31	47.400	-8.100	-17.09	EUR	-17.39
		⇓instrument	freshest		⇓ Δday	3/13/23	⇓ Δwk	9/12/22	prc diff	⇓ Δ26	Curr	∅-RS
	S	Pfizer	40.810	Mon	1.77	39.860	2.38	47.760	-7.900	-16.54	USD	-17.51
	S	Sumitomo Pharma	791.000	Mon	-2.35	810.000	-2.35	1,059.000	-249.000	-23.51	JPY	-22.30
	S	Divi's Laboratories	2,800.200	Mon	0.31	2,767.000	1.20	3,678.000	-911.000	-24.77	INR	-23.09
		Valneva	4.952	Mon	-1.75	5.290	-6.39	8.644	-3.354	-38.80	EUR	-35.55
		Euroapi	10.250	Mon	-3.76	11.470	-10.64	16.790	-5.320	-31.69	EUR	-na-
		Haleon	316.250	Mon	0.29	309.750	2.10	264.000	45.750	17.33	GBP	-na-
Pharmaceuticals - 55 out of 55 instruments rated - 3/13/23 / 9/12/22 - 23 did rise, Market-Ratio(26) = 41.82 %

Technical Chart

	Pharmaceuticals RS = 26 - B/S = 60/40

1/07/19	scale up chart	3/13/23

Transactions Pharmaceuticals * 26 - 60/40 (2)

														⇐
L/S	date buy	date sell	days		instrument	spl	pieces	Curr	prc buy	prc sell	ps short	prc diff	d %	asset	yield
1/02/06		7/30/07	574		- cash -
short	7/30/07	8/11/08	378		Chugai	50	736	JPY	6.787	5.667	8.128	1.341	20	10,987	19
					Cipla	50	267	INR	18.715	23.235	14.195	-4.520	-24	9,780	-23
100							-2							-2
long	8/11/08	10/13/08	63		Biotest	50	246	EUR	19.800	13.763		-6.037	-30	8,295	-88
					Alexion	50	206	USD	23.752	19.445		-4.307	-18	7,408	-69
100							-24							-80
short	10/13/08	8/24/09	315		Genfit	50	764	EUR	4.844	5.954	3.734	-1.110	-23	6,560	-26
					Innate Pharma	50	2,808	EUR	1.320	2.190	0.450	-0.870	-66	4,117	-71
100							-44							-49
long	8/24/09	7/19/10	329		Aspen Pharmacare	50	377	EUR	5.450	8.380		2.930	54	5,222	61
					Kangmei Pharma	50	515	CNY	3.998	5.277		1.279	32	5,880	36
100							43							49
short	7/19/10	11/08/10	112		Biotest	50	315	EUR	9.333	13.333	5.333	-4.000	-43	4,620	-84
					Ipsen	50	111	EUR	26.435	24.330	28.722	2.287	9	4,874	31
100							-17							-46
long	11/08/10	8/08/11	273		Virbac	50	20	EUR	119.940	106.450		-13.490	-11	4,605	-15
					Kangmei Pharma	50	272	CNY	9.088	7.500		-1.588	-17	4,172	-23
100							-14							-19
short	8/08/11	12/26/11	140		Genfit	50	825	EUR	2.526	1.585	4.026	1.500	59	5,410	237
					Ipsen	50	108	EUR	19.230	23.845	14.615	-4.615	-24	4,911	-51
100							18							53
long	12/26/11	9/21/15	1365		Alexion	50	34	USD	71.550	160.510		88.960	124	7,936	24
					Kyowa Kirin	50	267	JPY	9.250	17.780		8.530	92	10,213	19
100							108							22
L/S	date buy	date sell	days		instrument	spl	pieces	Curr	prc buy	prc sell	ps short	prc diff	d %	asset	yield
short	9/21/15	7/18/16	301		Biotest	50	260	EUR	19.575	13.700	27.969	8.394	43	12,396	54
					Aspen Pharmacare	50	253	EUR	20.200	23.349	17.051	-3.149	-16	11,599	-19
100							14							17
long	7/18/16	10/24/16	98		Genomma Lab	50	291	MXN	19.890	20.350		0.460	2	11,733	9
					Sumitomo Pharma	50	301	JPY	19.250	19.000		-0.250	-1	11,658	-5
100							1							2
short	10/24/16	3/06/17	133		Bausch Health	50	207	CAD	28.080	21.940	35.938	7.858	28	13,285	97
					Genfit	50	308	EUR	18.930	21.520	16.340	-2.590	-14	12,487	-33
100							7							21
long	3/06/17	12/24/18	658		Incyte	50	46	USD	134.020	58.500		-75.520	-56	9,013	-37
					Ipsen	50	76	EUR	82.790	110.150		27.360	33	11,092	17
100							-11							-6
short	12/24/18	6/24/19	182		DBV Technologies	50	630	EUR	8.800	14.820	2.780	-6.020	-68	7,300	-90
					Aspen Pharmacare	50	723	EUR	7.670	6.318	9.311	1.641	21	8,486	48
100							-23							-42
long	6/24/19	8/05/19	42		IDEXX Labs	50	15	USD	275.010	260.070		-14.940	-5	8,262	-38
					Daiichi Sankyo	50	218	JPY	19.923	22.540		2.617	13	8,833	192
100							4							42
short	8/05/19	11/11/19	98		Eisai	50	80	JPY	54.750	74.710	34.790	-19.960	-36	7,236	-82
					Hanmi Science	50	107	KRW	41.600	41.200	42.004	0.404	1	7,279	4
100							-18							-51
long	11/11/19	3/16/20	126		Genomma Lab	50	173	MXN	20.940	17.030		-3.910	-19	6,603	-45
					Jiangsu Hengrui Med	50	41	CNY	88.880	82.050		-6.830	-8	6,323	-21
100							-13							-34
L/S	date buy	date sell	days		instrument	spl	pieces	Curr	prc buy	prc sell	ps short	prc diff	d %	asset	yield
short	3/16/20	4/13/20	28		Canopy Growth	50	219	CAD	14.420	20.060	8.780	-5.640	-39	5,088	-100
					Ipsen	50	77	EUR	40.780	54.600	26.960	-13.820	-34	4,023	-100
100							-37							-100
long	4/13/20	1/24/22	651		Regeneron	50	3	USD	517.020	621.480		104.460	20	4,337	11
					Chugai	50	54	JPY	45.217	36.920		-8.297	-18	3,889	-11
100							-3							-2
short	1/24/22	12/12/22	322		Canopy Growth	50	207	CAD	9.350	4.020	21.747	12.397	133	6,455	160
					DBV Technologies	50	748	EUR	2.610	2.620	2.600	-0.010	0	6,447	0
100							66							77
long	12/12/22	1/02/23	21		Gilead Sciences	50	36	USD	88.540	85.850		-2.690	-3	6,351	-42
					Eisai	50	34	JPY	95.800	87.040		-8.760	-9	6,053	-81
100							-6							-67
short	1/02/23	3/20/23	77		Bausch Health	50	356	CAD	8.500	10.360	6.640	-1.860	-22	5,391	-69
					Canopy Growth	50	963	CAD	3.140	2.520	3.913	0.773	25	6,134	184
100							1							7
accum	7/30/07	3/20/23	5713	days out of 6287 invested (91%)								-39		6,134	-3

Instrument Related Contribution

instrument	L/S	date buy	date sell	days	prc buy	prc sell	ps short	prc diff	d %	spl	d_i %	total
Canopy Growth	short	3/16/20	4/13/20	28	14.42	20.06	8.78	-5.64	-39.11	50	-19.56
	short	1/24/22	12/12/22	322	9.35	4.02	21.75	12.40	132.59		66.29
	short	1/02/23	3/20/23	77	3.14	2.52	3.91	0.77	24.60		12.30	50.23
Alexion	long	8/11/08	10/13/08	63	23.75	19.45		-4.31	-18.13		-9.07
	long	12/26/11	9/21/15	1365	71.55	160.51		88.96	124.33		62.17	47.46
Kyowa Kirin	long	12/26/11	9/21/15	1365	9.25	17.78		8.53	92.22		46.11	46.11
Aspen Pharmacare	long	8/24/09	7/19/10	329	5.45	8.38		2.93	53.76		26.88
	short	9/21/15	7/18/16	301	20.20	23.35	17.05	-3.15	-15.59		-7.79
	short	12/24/18	6/24/19	182	7.67	6.32	9.31	1.64	21.40		10.70	29.51
Regeneron	long	4/13/20	1/24/22	651	517.02	621.48		104.46	20.20		10.10	10.10
Genfit	short	10/13/08	8/24/09	315	4.84	5.95	3.73	-1.11	-22.91		-11.46
	short	8/08/11	12/26/11	140	2.53	1.59	4.03	1.50	59.37		29.69
	short	10/24/16	3/06/17	133	18.93	21.52	16.34	-2.59	-13.68		-6.84	6.97
Daiichi Sankyo	long	6/24/19	8/05/19	42	19.92	22.54		2.62	13.13		6.57	6.57
Kangmei Pharma	long	8/24/09	7/19/10	329	4.00	5.28		1.28	31.99		15.99
	long	11/08/10	8/08/11	273	9.09	7.50		-1.59	-17.48		-8.74	5.86
Bausch Health	short	10/24/16	3/06/17	133	28.08	21.94	35.94	7.86	27.99		13.99
	short	1/02/23	3/20/23	77	8.50	10.36	6.64	-1.86	-21.88		-10.94	1.52
Hanmi Science	short	8/05/19	11/11/19	98	41.60	41.20	42.00	0.40	0.97		0.49	0.49
Chugai	short	7/30/07	8/11/08	378	6.79	5.67	8.13	1.34	19.76		9.88
	long	4/13/20	1/24/22	651	45.22	36.92		-8.30	-18.35		-9.17	-0.20
Sumitomo Pharma	long	7/18/16	10/24/16	98	19.25	19.00		-0.25	-1.30		-0.65	-0.65
Gilead Sciences	long	12/12/22	1/02/23	21	88.54	85.85		-2.69	-3.04		-1.52	-1.52
IDEXX Labs	long	6/24/19	8/05/19	42	275.01	260.07		-14.94	-5.43		-2.72	-2.72
Jiangsu Hengrui Med	long	11/11/19	3/16/20	126	88.88	82.05		-6.83	-7.68		-3.84	-3.84
instrument	L/S	date buy	date sell	days	prc buy	prc sell	ps short	prc diff	d %	spl	d_i %	total
Virbac	long	11/08/10	8/08/11	273	119.94	106.45		-13.49	-11.25		-5.62	-5.62
Genomma Lab	long	7/18/16	10/24/16	98	19.89	20.35		0.46	2.31		1.16
	long	11/11/19	3/16/20	126	20.94	17.03		-3.91	-18.67		-9.34	-8.29
Ipsen	short	7/19/10	11/08/10	112	26.44	24.33	28.72	2.29	8.65		4.33
	short	8/08/11	12/26/11	140	19.23	23.85	14.62	-4.62	-24.00		-12.00
	long	3/06/17	12/24/18	658	82.79	110.15		27.36	33.05		16.52
	short	3/16/20	4/13/20	28	40.78	54.60	26.96	-13.82	-33.89		-16.94	-11.15
Cipla	short	7/30/07	8/11/08	378	18.72	23.24	14.20	-4.52	-24.15		-12.08	-12.08
Biotest	long	8/11/08	10/13/08	63	19.80	13.76		-6.04	-30.49		-15.24
	short	7/19/10	11/08/10	112	9.33	13.33	5.33	-4.00	-42.86		-21.43
	short	9/21/15	7/18/16	301	19.58	13.70	27.97	8.39	42.88		21.44	-19.13
Eisai	short	8/05/19	11/11/19	98	54.75	74.71	34.79	-19.96	-36.46		-18.23
	long	12/12/22	1/02/23	21	95.80	87.04		-8.76	-9.14		-4.57	-21.97
Incyte	long	3/06/17	12/24/18	658	134.02	58.50		-75.52	-56.35		-28.17	-28.17
Innate Pharma	short	10/13/08	8/24/09	315	1.32	2.19	0.45	-0.87	-65.91		-32.95	-32.95
DBV Technologies	short	12/24/18	6/24/19	182	8.80	14.82	2.78	-6.02	-68.41		-34.20
	short	1/24/22	12/12/22	322	2.61	2.62	2.60	-0.01	-0.38		-0.19	-34.33

Annotations

7/18/22	GlaxoSmithKline	demergers OTC business -> Haleon
6/27/22	Lundbeck	splits into one A and four B shares (1:(1+4))
7/06/15	Pharma	Best Long throws a signal for Kangmei. Due to the high volatility in China this should be handled with care.
3/14/15	Pharma	complete analysis


	is taking down something concerning